FAR 3.30% 47.0¢ far limited

AGM questions, page-93

  1. 492 Posts.
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    Price capped? Do you still believe that? That has been mentioned on this site almost daily for two years. Why would someone want to hold down a share price for any length of time? It would involve shorting massive percentages of the company, and this stuff gets disclosed on the ASX (but has not been). If you did want to do it, you do it briefly to lower your entry price. Not week after week after week out of spite to shareholders.

    The share price is held back by simple dilution, and lack of buyers because small miners and oil firms are out off favour. I often think about getting back in, but there's plenty of other interesting other options too, and that's the real problem.
 
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